The board of directors proposes a reduced dividend of 1.5 billion, down from last year's 4.4 billion.
For the fourth quarter of 2025, net sales fell to 8.3 billion, from 9.4 billion in the corresponding quarter last year. Operating profit plummeted to 986 million SEK, down from 2.6 billion a year earlier.
"The higher delivery volume in 2025 was partly offset by a weakened US dollar, which has had a significant impact on sales," LKAB writes in a press release.
The lower result is mainly due to increased costs for urban transformation in Kiruna, the group adds.
